how to track your net worth?

Studies & Research

What is your Net worth?

Your net worth is the value of all your non-financial and financial assets (saving, investments, vehicles, estate properties) minus the value of all your outstanding liabilities (debt, personal loans, student loans, mortgage). 
 
The best advice we can give you is to make sure that your assets generate extra income; relying only on your salary is risky choice especially if your company decides to let you go.
 

why do you need to track your net worth?

Tracking your net worth is one the most important habits you need to master if you want to growth you wealth. In fact, this is the best way to measure your financial progress and make the relevant changes.

Knowing your net worth is will force you to work towards your financial goals and not rely solely on one source of income.

Even though this exercise is easy – add up all of assets and all of your debts and subtract your debts from your assets, it might be disarming to realise that your decisions led you to a weak financial position. 

But do not worry, it is never too late and our personal wealth coaches are here to help to support.

Free Financial Tools Wealth Management

These apps help you build your net worth by letting you track your spending, sock away extra cash, and invest wisely.

We have produced a free net worth spreadsheet that will help you to track your